The sun. [volume] (New York [N.Y.]) 1833-1916, 1887-06-23
THEY STOLE ALL THE MONEY.
CINCINNATTS BIG BANK STRIPPED
BARE BIZ ITS OFFICERS.

CINCINNATTS BIG BANK STRIPPED
BARE BIZ ITS OFFICERS.
Depesitors will Get Little or Nothing Ont OF
the wreck-Ihe Three Thieves Again
Arrested-Linbilitics About s0,0OO.OOO.
CINCINNATI, June 22.-The grip Of tho law
upon the men who have ruined the Fidelity
National Bank is tightening every hour. What
next is tho question evcry man repeats to
himself and asks his neighbor. Every new
development deepens tho blackness Of tho
crime Of the banks faithless officers. Tho
feeling against them here is intense. Z. l..
Harper. the idol OF his associates and OF his
homo. walks the streets in fear Of assassination
on tho ono hand. and on tho other sees the
walls OF tho penitentiary looming up before
him. Ammi Baldwin. the cashier, is nearly
crushed by his accumulation Of troubles. A
few years ago his son Harry was mysteriously
murdered in the Streets and only a few months
ago his brother. Theophilus. in modification
for being discharged from the Third National
Bank with no reason assigned. committed
suicide. Now this afternoon he is arrested
again. along with Vice-President Harper and
assistant Cashier Hopkins, on the charge Of
conspiracy to defraud.
The three mon were released on bond. Har-
per for SIG, 000 making his total bonds 100000:
their total bonds $4,000 each. Tho charge on
which they were arrested to-day was conspira-
cy to defraud. by Issuing. on June H. three
drafts Of 100000 each in favor Of Wiltshire.
Eckert Il Co.. upon the Chemical National
Bank OF New York. signed by B. L. Hopkins.
assistant cashier. The charge Is conspiring to
commit an ofrense against tho laws OF the
United States by unlawfully and wilfully mis-
applying the funds and credits OF q banking in
stitution, In pursuance OF which purpose they
issued these drafts.
Another affidavit charges them with con-
spiracy to commit an offence against the Uni
tod States laws by issuing. on May Is last,
and causing to be transmitted to tho Comp
troller Of the Currency false and fraudulent
report OF said Fidelity National Bank at the
close OF business May 10, 1887, in this, that the
said bank did not have od IL lit its possession as
notes and s226SfO In silver certificates. they
knowing these amounts were not there and
aca See Ss II O sa
sn s rress Were
Mr.. Powell late this afternoon.
Still another arrest is staring them in the
hsy is rosdg FOR The 81
discovering, and arresting this gigantic fraud.
WAITING for orders from Washington to put
them into force These arrests will Include tho
venerable President. Mr. Briggs Swift, and all
u The trio Hsrper Baldwin: and Hopkins are
tho most guilty for while they were ere
offence viii BE- neglect Of duty. Every step in
s sne and It's liabilities srser Exact sures
are not obtainable. but this Is certain that i
every stockholder were solvent. only q 600. 600
capital Of the bank was only il 900 900. Of the
actual stock hs that WhS Is
hadsr shoSd az doabe sv VIII
s y ri s6 everybody If all the assets sum up
amount sss SoeTSsss most th Sops ae es
mates to-day were that o the total assets might
so sajT The feeling now is that tho deposI.
tors will get next to nothing, md that some
w se SSEd
bonds Tor the three conspirators to- light. few
tain ed bcndsmen to the amount Of 100000
in i've minutes. There seems no escape from
the pententiary left them; Mo,a,r .,.oroo,
demanded q statepent from the bank, and re.
eeiyed one showing balance on hand Of
this money, he was amazed when he received
seslP e9GS r%ssa shEre
Collateral security Whatever Mr.. Baldwin and
Mr. Hopkins Ters unable to make sss any eTpla,
BANK to eontinae ' was made II These three
men we're expelled and new capital brought in.
as s aiet drec
1sGs ns oSRSS aFn
fear that further examinatlon would reveal q
further deficit deferred Thorn.
Co. Ia hat Hor 1n1 fr0v tha
directors his connection with the wheat deal.
He Is said to have admitted yesterday that he
that hs honored an oSerdrait or #iisSiTe Tor
$48,000 and then put In the rest to save that;
He charges the whole break to the ACTION OF
the Chicago Board OF Trade making all wheat
is credited Ssd mth saying ct: tint the
snsaa how Harn had dece7ed
about the matter. When the wheat panic &C.
Cured IN Chicago, and rpmN2rs we're aiioat OF a
peatedly that he did not know who was in tho
wheat deal. and did not believe that 1t was
Z" Ss f Is
the belief OF some that Wiltshire acted as the
agent Of Harper in conducting tho wheat dcal.
and was not really borrower.
Ten days ago. gentleman OF this city went
over the called loan account with President
ss9a aR Sa @ anc III y sso es
work within the past ton days or two weeks.
from Judge Lawrence in Supreme Court,
Cham bers. an attachment against the property
in this State OF the defunct Fidelity National
Bank. its CORRESPONDENT there, In a suit brought
balance due. Under an agreement between
these, banks tho Fidelity was to credit tho
Broadway Bank with the amounts of drafts
and checks sent to 1t for collection. Between
May 81 and June IS the Broadway. Bank sent
to tho Fidelity National for collection various
checks and drafts payable In Cincinnati and
vicinity. all upon demand, and by due endorse-
ment made payable to the Fidelity, aggr,egat;
on the 10Th inst tho Broadway Bank was en-
titled to credit for this amount. No part Of
the sum has been paid, with the exception Of
50 ,40S which WAS paid on Monday. The bah
anoe due-$21, 751-is now sued for.
Belle Girard Unconscious In n Hack.